The affordable housing lottery has launched for 2817 Atlantic Avenue, a 14-story mixed-use building in East New York, Brooklyn. Designed by Peter Pizzimenti and developed by Joel Schwartz under the 2815 Atlantic Holding LLC, the structure yields 68 residences. Available on NYC Housing Connect are 14 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $33,875 to $86,460.
Residents will have access to a garage with assigned parking spaces for an additional $275 monthly fee. Units come equipped with air conditioning, intercoms, patios or balconies, and name-brand kitchen appliances, countertops, and finishes. Tenant are responsible for electricity with stove, heat, and hot water.
At 40 percent of the AMI, there are four two-bedrooms with a monthly rent of $750 for incomes ranging from $33,875 to $57,640 and three three-bedrooms with a monthly rent of $804 for incomes ranging from $38,983 to $66,200.
At 60 percent of the AMI, there are two one-bedrooms with a monthly rent of $1,130 for incomes ranging from $43,612 to $72,060 and five two-bedrooms with a monthly rent of $1,287 for incomes ranging from $52,286 to $86,460.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than October 12, 2022.